Lawrenceville, GA, November --, 2021 – Boxlight Corporation (Nasdaq: BOXL), a leading provider of interactive technology, digital signage, and software solutions, today announces that its interactive flat panel displays are making strong grains in the market.
The latest Futuresource results (Q3 2021) have been announced and not only have Boxlight and Clevertouch solutions made significant and substantial gains in the education and enterprise Interactive Flat Panel Displays (IFPD) technology market, but, around the world, the company was the number 1 player in Q1-Q3 2021 combined in many countries.
Our partner, ASI Solutions continues to dominate Australia with Clevertouch as the bestselling IFPD in the Australian market, owning 41% of the Q3 2021 market while the competitor at number two only owned a 10% share.
In the UK, we are the newly crowned number one IFPD brand with 20% market share in Q3 2021. The UK is a mature market and yet we continue to make notable gains.
Clevertouch partner, Unit DK continues to dominate with 22% of this year’s IFPD sales in Denmark. In South Africa, sales are booming with Interactive AV Solutions (IAVS). Both partners take the number one position in their countries.
In EMEA, we are the second largest brand for Enterprise collaboration IFPDs.
In the USA, we have massively increased our market share to almost 8% and we anticipate this to increase our robust portfolio of Boxlight and Clevertouch interactive solutions.
Worldwide, excluding China, we are the fifth largest IFPD brand and are now fourth in EMEA, ascending past established brands.
Mark Starkey, President of Boxlight and Clevertouch comments, “Globally, excluding China, our Boxlight and Clevertouch solutions now own nearly 10% market share which is double the position from two years ago. We have become the go-to brand for interactive panels that people trust. Our plans are set to be the $1 Billion business within four years.”
Note: All statistical information provided by Futuresource Consulting and based on interactive flat panel display sales for Q1-Q3 2021.